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How to purchase a property in an affordable location.

Announcement posted by Homestar Finance 24 May 2018

Homestar Finance has been a home loan lender since 2004 and in that time it has lent millions of dollars to thousands of Australians. Recently we received Canstar’s most Outstanding Home Loan Lender award.
The secret to purchasing an affordable home or apartment may not always be a pay rise, winning the lottery or a cheap home loan, but the location where you choose to call home. Research shows that Sydney, Melbourne and Brisbane apartment prices could reduce by 5-10% this year and there are some regional suburbs with affordable housing we can lend against.

Below is a list of affordable postcodes and the median price of their properties:

1. Whyalla Stuart (5608): $72,000 
2. Hughenden (4821): $100,000
3. Broken Hill (2880): $100,000
4. Kooralbyn (4285): $124,000
5. Charters Towers City (4820): $127,500
6. North Albury (2640): $130,000
7. Moree (2400): $133,000 
8. Queenton (4820): $140,000
9. Ingham (4850): $155,000
10. Portland (3305): $158,000
11. Maryborough (4650): $159,750 

(Information provided by Smart Property Investment as of 09-05-2018)

All the suburbs mentioned are acceptable to our lending policy.

To help we are offering a Cashback Deal with an interest rate of only 3.54% and a comparison rate of 3.58%. This attractive offer also comes with a redraw facility and offset account. Contact Homestar Finance to find out more.